Smart HVAC Control Market - Global Industry Analysis

Name: Smart HVAC Control Market by Product (Smart Thermostat and Smart Air Vent), by Implementation (New Constructions and Retrofit), and by Application (Residential, Commercial, and Industrial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025
Brand: Zion Market Research
SKU: ZMR-4019
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Smart HVAC Control Market by Product (Smart Thermostat and Smart Air Vent), by Implementation (New Constructions and Retrofit), and by Application (Residential, Commercial, and Industrial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Published Date: 11-Apr-2019 Category: Semiconductor & Electronics Report Format : PDF Pages: 162 Report Code: ZMR-4019 Status : Published

Global smart HVAC control market expected to reach approximately USD 28.3 billion by 2025, at a CAGR of slightly above 19.1% between 2019 and 2025. The worldwide rising concerns for maintaining IAQ and evolving concerns toward health issues are fueling the smart HVAC control market globally.

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Description

The report covers a forecast and an analysis for the smart HVAC control market on a global and regional level. The study provides the historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The study includes drivers and restraints for the smart HVAC control market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the smart HVAC control market on a global level.

This report offers a comprehensive analysis of the global smart HVAC control along with market trends, drivers, and restraints of the smart HVAC control market. This report includes a detailed competitive scenario and product portfolio of the key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Smart HVAC Control Market

The global smart HVAC control market is segmented based on product, implementation, application, and region. The product segment is classified into the smart thermostat and smart air vent. By implementation, the market is sectored into new constructions and retrofits. The application segment includes residential, commercial, and industrial. The commercial segment is classified into retail centers, office buildings, healthcare centers, education centers, hospitality, and others. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Each region has been further segmented into major countries, such as the U.S., Canada, Mexico, UK, France, Germany, Italy, Spain, China, India, Japan, Australia, South Korea, Brazil, Argentina, Saudi Arabia, UAE, and South Africa.

Some key participants of the global smart HVAC control market are United Technologies, Haier Group, Nest Labs, LG electronics, Honeywell International, Lennox Intl, Hitachi Ltd., Ingersoll-Rand PLC, Delta, Siemens, KMC Keen Home, Johnson Controls, Schneider Electric, Distech, Lenox International, and Daikin Industries Ltd.

This report segments the global smart HVAC control market into:

Smart HVAC Control Market: Product Analysis

Smart Thermostat
Smart Air Vent

Smart HVAC Control Market: Implementation Analysis

New Construction
Retrofit

Smart HVAC Control Market: Application Analysis

Residential
Commercial
- Retail Centers
- Office Buildings
- Healthcare Centers
- Education Centers
- Hospitality
- Others
Industrial

Smart HVAC Control Market: Regional Analysis

North America
- The U.S.
Europe
- UK
- France
- Germany
Asia Pacific
- China
- Japan
- India
Latin America
- Brazil
Middle East and Africa

Table Of Content

Chapter 1. Preface
- 1.1. Report Description
  - 1.1.1. Objective
  - 1.1.2. Target Audience
  - 1.1.3. Unique Selling Proposition (USP) & Offerings
- 1.2. Research Scope
- 1.3. Research Methodology
  - 1.3.1. Market Research Process
  - 1.3.2. Market Research Methodology
  - 1.3.3. Level 1: Primary Research
  - 1.3.4. Level 2: Secondary Research
  - 1.3.5. Level 3: Data Application and Expert Panel Assessment Report Description and Scope
Chapter 2. Executive Summary
- 2.1. Global Smart HVAC Control Market, 2016-2025 (USD Billion)
- 2.2. Smart HVAC Control Market: Market Snapshot
Chapter 3. Global Smart HVAC Control Market - Industry Analysis
- 3.1. Introduction
- 3.2. Industry Ecosystem Analysis
- 3.3. Technology Landscape
- 3.4. Market Drivers
  - 3.4.1. North America
    - 3.4.1.1. Escalating concern towards HVAC up gradation in the U.S.
  - 3.4.2. Europe
    - 3.4.2.1. Rising demand for energy efficient devices in European countries
  - 3.4.3. Asia Pacific
    - 3.4.3.1. Flourishing smart home construction and automation
  - 3.4.4. Latin America
  - 3.4.5. MEA
- 3.5. Restraints
  - 3.5.1. Low awareness of benefits offered by smart HVAC controls
  - 3.5.2. Data security issues due to rising cyber attacks
- 3.6. Opportunities
  - 3.6.1. Integration of IoT with smart HVAC control systems
  - 3.6.2. Rising demand for energy efficient solutions in commercial building applications
- 3.7. Innovation & Sustainability
- 3.8. Regulatory Landscape
- 3.9. Porter's Five Forces Analysis
- 3.10. PESTLE Analysis
- 3.11. Smart HVAC Control Market: Market Attractiveness Analysis
  - 3.11.1. Market Attractiveness Analysis by Product
  - 3.11.2. Market Attractiveness Analysis by Implementation
  - 3.11.3. Market Attractiveness Analysis by Application
  - 3.11.4. Market Attractiveness Analysis by Region
Chapter 4. Global Smart HVAC Control Market - Competitive Landscape
- 4.1. Company Market Share Analysis, 2018
- 4.2. Strategic Development
  - 4.2.1. Acquisitions and Mergers
  - 4.2.2. New Product Launch
  - 4.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
  - 4.2.4. Research and Development and Regional Expansion
Chapter 5. Smart HVAC Control Market - Product Analysis
- 5.1. Global Smart HVAC Control Market Revenue Share, by Product, 2018 & 2025
  - 5.1.1. Global Smart HVAC Control Market by Smart Thermostat, 2016-2025 (USD Billion)
  - 5.1.2. Global Smart HVAC Control Market by Smart Air Vent, 2016-2025 (USD Billion)
Chapter 6. Smart HVAC Control Market - Implementation Analysis
- 6.1.1. Global Smart HVAC Control Market by New Construction, 2016-2025 (USD Billion)
- 6.1.2. Global Smart HVAC Control Market by Retrofit, 2016-2025 (USD Billion)
Chapter 7. Smart HVAC Control Market - Application Analysis
- 7.1. Global Smart HVAC Control Market Revenue Share, by Application, 2018 & 2025
- 7.2. Global Smart HVAC Control Market by Residential, 2016-2025 (USD Billion)
- 7.3. Global Smart HVAC Control Market by Commercial, 2016-2025 (USD Billion)
- 7.4. Global Smart HVAC Control Market by Industrial, 2016-2025 (USD Billion)
Chapter 8. Smart HVAC Control Market - Regional Analysis
- 8.1. Global Smart HVAC Control Market: Regional Overview
  - 8.1.1. Global Smart HVAC Control Market Revenue Share, By Region, 2018 & 2025
- 8.2. North America
  - 8.2.1. North America Smart HVAC Control Market Revenue, 2016-2025 (USD Billion)
  - 8.2.2. North America Smart HVAC Control Market Revenue, By Product, 2016-2025 (USD Billion)
  - 8.2.3. North America Smart HVAC Control Market Revenue, By Implementation, 2016-2025 (USD Billion)
  - 8.2.4. North America Smart HVAC Control Market Revenue, By Application, 2016-2025 (USD Billion)
  - 8.2.5. The U.S.
    - 8.2.5.1. The U.S. Smart HVAC Control Market Revenue, by Product, 2016-2025 (USD Billion)
    - 8.2.5.2. The U.S. Smart HVAC Control Market Revenue, by Implementation, 2016-2025 (USD Billion)
    - 8.2.5.3. The U.S. Smart HVAC Control Market Revenue, by Application, 2016-2025 (USD Billion)
  - 8.2.6. Canada
    - 8.2.6.1. Canada Smart HVAC Control Market Revenue, by Product, 2016-2025 (USD Billion)
    - 8.2.6.2. Canada Smart HVAC Control Market Revenue, by Implementation, 2016-2025 (USD Billion)
    - 8.2.6.3. Canada Smart HVAC Control Market Revenue, by Application, 2016-2025 (USD Billion)
  - 8.2.7. Mexico
    - 8.2.7.1. Mexico Smart HVAC Control Market Revenue, by Product, 2016-2025 (USD Billion)
    - 8.2.7.2. Mexico Smart HVAC Control Market Revenue, by Implementation, 2016-2025 (USD Billion)
    - 8.2.7.3. Mexico Smart HVAC Control Market Revenue, by Application, 2016-2025 (USD Billion)
- 8.3. Europe
  - 8.3.1. Europe Smart HVAC Control Market Revenue, 2016-2025 (USD Billion)
  - 8.3.2. Europe Smart HVAC Control Market Revenue, By Product, 2016-2025 (USD Billion)
  - 8.3.3. Europe Smart HVAC Control Market Revenue, By Implementation, 2016-2025 (USD Billion)
  - 8.3.4. Europe Smart HVAC Control Market Revenue, By Application, 2016-2025 (USD Billion)
  - 8.3.5. UK
    - 8.3.5.1. UK Smart HVAC Control Market Revenue, by Product, 2016-2025 (USD Billion)
    - 8.3.5.2. UK Smart HVAC Control Market Revenue, by Implementation, 2016-2025 (USD Billion)
    - 8.3.5.3. UK Smart HVAC Control Market Revenue, by Application, 2016-2025 (USD Billion)
  - 8.3.6. France
    - 8.3.6.1. France Smart HVAC Control Market Revenue, by Product, 2016-2025 (USD Billion)
    - 8.3.6.2. France Smart HVAC Control Market Revenue, by Implementation, 2016-2025 (USD Billion)
    - 8.3.6.3. France Smart HVAC Control Market Revenue, by Application, 2016-2025 (USD Billion)
  - 8.3.7. Germany
    - 8.3.7.1. Germany Smart HVAC Control Market Revenue, by Product, 2016-2025 (USD Billion)
    - 8.3.7.2. Germany Smart HVAC Control Market Revenue, by Implementation, 2016-2025 (USD Billion)
    - 8.3.7.3. Germany Smart HVAC Control Market Revenue, by Application, 2016-2025 (USD Billion)
  - 8.3.8. Italy
    - 8.3.8.1. Italy Smart HVAC Control Market Revenue, by Product, 2016-2025 (USD Billion)
    - 8.3.8.2. Italy Smart HVAC Control Market Revenue, by Implementation, 2016-2025 (USD Billion)
    - 8.3.8.3. Italy Smart HVAC Control Market Revenue, by Application, 2016-2025 (USD Billion)
  - 8.3.9. Spain
    - 8.3.9.1. Spain Smart HVAC Control Market Revenue, by Product, 2016-2025 (USD Billion)
    - 8.3.9.2. Spain Smart HVAC Control Market Revenue, by Implementation, 2016-2025 (USD Billion)
    - 8.3.9.3. Spain Smart HVAC Control Market Revenue, by Application, 2016-2025 (USD Billion)
  - 8.3.10. Rest of Europe
    - 8.3.10.1. Rest of Europe. Smart HVAC Control Market Revenue, by Product, 2016-2025 (USD Billion)
    - 8.3.10.2. Rest of Europe. Smart HVAC Control Market Revenue, by Implementation, 2016-2025 (USD Billion)
    - 8.3.10.3. Rest of Europe Smart HVAC Control Market Revenue, by Application, 2016-2025 (USD Billion)
- 8.4. Asia Pacific
  - 8.4.1. Asia Pacific Smart HVAC Control Market Revenue, 2016-2025 (USD Billion)
  - 8.4.2. Asia Pacific Smart HVAC Control Market Revenue, By Product, 2016-2025 (USD Billion)
  - 8.4.3. Asia Pacific Smart HVAC Control Market Revenue, By Implementation, 2016-2025 (USD Billion)
  - 8.4.4. Asia Pacific Smart HVAC Control Market Revenue, By Application, 2016-2025 (USD Billion)
  - 8.4.5. China
    - 8.4.5.1. China Smart HVAC Control Market Revenue, by Product,2016-2025 (USD Billion)
    - 8.4.5.2. China Smart HVAC Control Market Revenue, by Implementation,2016-2025 (USD Billion)
    - 8.4.5.3. China Smart HVAC Control Market Revenue, by Application, 2016-2025 (USD Billion)
  - 8.4.6. Japan
    - 8.4.6.1. Japan Smart HVAC Control Market Revenue, by Product, 2016-2025 (USD Billion)
    - 8.4.6.2. Japan Smart HVAC Control Market Revenue, by Implementation, 2016-2025 (USD Billion)
    - 8.4.6.3. Japan Smart HVAC Control Market Revenue, by Application, 2016-2025 (USD Billion)
  - 8.4.7. India
    - 8.4.7.1. India Smart HVAC Control Market Revenue, by Product, 2016-2025 (USD Billion)
    - 8.4.7.2. India Smart HVAC Control Market Revenue, by Implementation, 2016-2025 (USD Billion)
    - 8.4.7.3. India Smart HVAC Control Market Revenue, by Application, 2016-2025 (USD Billion)
  - 8.4.8. Australia
    - 8.4.8.1. Australia Smart HVAC Control Market Revenue, by Product, 2016-2025 (USD Billion)
    - 8.4.8.2. Australia Smart HVAC Control Market Revenue, by Implementation, 2016-2025 (USD Billion)
    - 8.4.8.3. Australia Smart HVAC Control Market Revenue, by Application, 2016-2025 (USD Billion)
  - 8.4.9. South Korea
    - 8.4.9.1. South Korea Smart HVAC Control Market Revenue, by Product, 2016-2025 (USD Billion)
    - 8.4.9.2. South Korea Smart HVAC Control Market Revenue, by Implementation, 2016-2025 (USD Billion)
    - 8.4.9.3. South Korea Smart HVAC Control Market Revenue, by Application, 2016-2025 (USD Billion)
  - 8.4.10. Rest of Asia Pacific
    - 8.4.10.1. Rest of Asia Pacific Smart HVAC Control Market Revenue, by Product, 2016-2025 (USD Billion)
    - 8.4.10.2. Rest of Asia Pacific Smart HVAC Control Market Revenue, by Implementation, 2016-2025 (USD Billion)
    - 8.4.10.3. Rest of Asia Pacific Smart HVAC Control Market Revenue, by Application, 2016-2025 (USD Billion)
- 8.5. Latin America
  - 8.5.1. Latin America Smart HVAC Control Market Revenue, 2016-2025 (USD Billion)
  - 8.5.2. Latin America Smart HVAC Control Market Revenue, By Product, 2016-2025 (USD Billion)
  - 8.5.3. Latin America Smart HVAC Control Market Revenue, By Implementation, 2016-2025 (USD Billion)
  - 8.5.4. Latin America Smart HVAC Control Market Revenue, By Application, 2016-2025 (USD Billion)
  - 8.5.5. Brazil
    - 8.5.5.1. Brazil Smart HVAC Control Market Revenue, by Product, 2016-2025 (USD Billion)
    - 8.5.5.2. Brazil Smart HVAC Control Market Revenue, by Implementation, 2016-2025 (USD Billion)
    - 8.5.5.3. Brazil Smart HVAC Control Market Revenue, by Application, 2016-2025 (USD Billion)
  - 8.5.6. Argentina
    - 8.5.6.1. Argentina Smart HVAC Control Market Revenue, by Product, 2016-2025 (USD Billion)
    - 8.5.6.2. Argentina Smart HVAC Control Market Revenue, by Implementation, 2016-2025 (USD Billion)
    - 8.5.6.3. Argentina Smart HVAC Control Market Revenue, by Application, 2016-2025 (USD Billion)
  - 8.5.7. Rest of Latin America
    - 8.5.7.1. Rest of Latin America Smart HVAC Control Market Revenue, by Product, 2016-2025 (USD Billion)
    - 8.5.7.2. Rest of Latin America Smart HVAC Control Market Revenue, by Implementation, 2016-2025 (USD Billion)
    - 8.5.7.3. Rest of Latin America Smart HVAC Control Market Revenue, by Application, 2016-2025 (USD Billion)
- 8.6. The Middle East and Africa
  - 8.6.1. The Middle East and Africa Smart HVAC Control Market Revenue, 2016-2025 (USD Billion)
  - 8.6.2. The Middle East and Africa Smart HVAC Control Market Revenue, By Product, 2016-2025 (USD Billion)
  - 8.6.3. The Middle East and Africa Smart HVAC Control Market Revenue, By Implementation, 2016-2025 (USD Billion)
  - 8.6.4. The Middle East and Africa Smart HVAC Control Market Revenue, By Application, 2016-2025 (USD Billion)
  - 8.6.5. Saudi Arabia
    - 8.6.5.1. Saudi Arabia Smart HVAC Control Market Revenue, by Product, 2016-2025 (USD Billion)
    - 8.6.5.2. Saudi Arabia Smart HVAC Control Market Revenue, by Implementation, 2016-2025 (USD Billion)
    - 8.6.5.3. Saudi Arabia Smart HVAC Control Market Revenue, by Application, 2016-2025 (USD Billion)
  - 8.6.6. UAE
    - 8.6.6.1. UAE Smart HVAC Control Market Revenue, by Product, 2016-2025 (USD Billion)
    - 8.6.6.2. UAE Smart HVAC Control Market Revenue, by Implementation, 2016-2025 (USD Billion)
    - 8.6.6.3. UAE Smart HVAC Control Market Revenue, by Application, 2016-2025 (USD Billion)
  - 8.6.7. South Africa
    - 8.6.7.1. South Africa Smart HVAC Control Market Revenue, by Product, 2016-2025 (USD Billion)
    - 8.6.7.2. South Africa Smart HVAC Control Market Revenue, by Implementation, 2016-2025 (USD Billion)
    - 8.6.7.3. South Africa Smart HVAC Control Market Revenue, by Application, 2016-2025 (USD Billion)
  - 8.6.8. Rest of MEA
    - 8.6.8.1. Rest of MEA Smart HVAC Control Market Revenue, by Product, 2016-2025 (USD Billion)
    - 8.6.8.2. Rest of MEA Smart HVAC Control Market Revenue, by Implementation, 2016-2025 (USD Billion)
    - 8.6.8.3. Rest of MEA Smart HVAC Control Market Revenue, by Application, 2016-2025 (USD Billion)
Chapter 9. Company Profiles
- 9.1. United Technologies
  - 9.1.1. Overview
  - 9.1.2. Financials
  - 9.1.3. Product portfolio
  - 9.1.4. Business strategy
  - 9.1.5. Recent developments
  - 9.1.6. SWOT
- 9.2. Haier Group
  - 9.2.1. Overview
  - 9.2.2. Financials
  - 9.2.3. Product portfolio
  - 9.2.4. Business strategy
  - 9.2.5. Recent developments
  - 9.2.6. SWOT
- 9.3. Nest Labs
  - 9.3.1. Overview
  - 9.3.2. Financials
  - 9.3.3. Product portfolio
  - 9.3.4. Business strategy
  - 9.3.5. Recent developments
  - 9.3.6. SWOT
- 9.4. LG electronics
  - 9.4.1. Overview
  - 9.4.2. Financials
  - 9.4.3. Product portfolio
  - 9.4.4. Business strategy
  - 9.4.5. Recent developments
  - 9.4.6. SWOT
- 9.5. Honeywell International
  - 9.5.1. Overview
  - 9.5.2. Financials
  - 9.5.3. Product portfolio
  - 9.5.4. Business strategy
  - 9.5.5. Recent developments
  - 9.5.6. SWOT
- 9.6. Lennox Intl.
  - 9.6.1. Overview
  - 9.6.2. Financials
  - 9.6.3. Product portfolio
  - 9.6.4. Business strategy
  - 9.6.5. Recent developments
  - 9.6.6. SWOT
- 9.7. Hitachi Ltd.
  - 9.7.1. Overview
  - 9.7.2. Financials
  - 9.7.3. Product portfolio
  - 9.7.4. Business strategy
  - 9.7.5. Recent developments
  - 9.7.6. SWOT
- 9.8. Ingersoll-Rand PLC
  - 9.8.1. Overview
  - 9.8.2. Financials
  - 9.8.3. Product portfolio
  - 9.8.4. Business strategy
  - 9.8.5. Recent developments
  - 9.8.6. SWOT
- 9.9. Delta
  - 9.9.1. Overview
  - 9.9.2. Financials
  - 9.9.3. Product portfolio
  - 9.9.4. Business strategy
  - 9.9.5. Recent developments
  - 9.9.6. SWOT
- 9.10. Siemens
  - 9.10.1. Overview
  - 9.10.2. Financials
  - 9.10.3. Product portfolio
  - 9.10.4. Business strategy
  - 9.10.5. Recent developments
  - 9.10.6. SWOT
- 9.11. KMC Keen Home
  - 9.11.1. Overview
  - 9.11.2. Financials
  - 9.11.3. Product portfolio
  - 9.11.4. Business strategy
  - 9.11.5. Recent developments
  - 9.11.6. SWOT
- 9.12. Johnson Controls
  - 9.12.1. Overview
  - 9.12.2. Financials
  - 9.12.3. Product portfolio
  - 9.12.4. Business strategy
  - 9.12.5. Recent developments
  - 9.12.6. SWOT
- 9.13. Schneider Electric
  - 9.13.1. Overview
  - 9.13.2. Financials
  - 9.13.3. Product portfolio
  - 9.13.4. Business strategy
  - 9.13.5. Recent developments
  - 9.13.6. SWOT
- 9.14. Distech
  - 9.14.1. Overview
  - 9.14.2. Financials
  - 9.14.3. Product portfolio
  - 9.14.4. Business strategy
  - 9.14.5. Recent developments
  - 9.14.6. SWOT
- 9.15. Lenox International
  - 9.15.1. Overview
  - 9.15.2. Financials
  - 9.15.3. Product portfolio
  - 9.15.4. Business strategy
  - 9.15.5. Recent developments
  - 9.15.6. SWOT
- 9.16. Daikin Industries Ltd.
  - 9.16.1. Overview
  - 9.16.2. Financials
  - 9.16.3. Product portfolio
  - 9.16.4. Business strategy
  - 9.16.5. Recent developments
  - 9.16.6. SWOT

Table Of Figures

List of Figures

1. Global Smart HVAC Control Market Segmentation by Product, Implementation, Application, and Region
2. Global Smart HVAC Control Market, 2016–2025 (USD Billion)
3. Porter’s Five Forces Analysis
4. Global Smart HVAC Control Market Attractiveness, by Product
5. Global Smart HVAC Control Market Attractiveness, by Implementation
6. Global Smart HVAC Control Market Attractiveness, by Application
7. Global Smart HVAC Control Market Attractiveness, by Region
8. Smart HVAC Control Market – Product Analysis
9. Global Smart HVAC Control Market Revenue Share, by Product, 2018 & 2025
10. Global Smart HVAC Control Market by Smart Thermostat, 2016–2025 (USD Billion)
11. Global Smart HVAC Control Market by Smart Air Vent, 2016–2025 (USD Billion)
12. Global Smart HVAC Control Market Revenue Share, by Implementation, 2018 & 2025
13. Global Smart HVAC Control Market by New Construction, 2016–2025 (USD Billion)
14. Global Smart HVAC Control Market by Retrofit, 2016–2025 (USD Billion)
15. Global Smart HVAC Control Market Revenue Share, by Application, 2018 & 2025
16. Global Smart HVAC Control Market by Residential, 2016–2025 (USD Billion)
17. Global Smart HVAC Control Market by Commercial, 2016–2025 (USD Billion)
18. Global Smart HVAC Control Market by Industrial, 2016–2025 (USD Billion)
19. Global Smart HVAC Control Market Revenue Share, by Region, 2018 & 2025
20. North America Smart HVAC Control Market, 2016–2025 (USD Billion)
21. Europe Smart HVAC Control Market, 2016–2025 (USD Billion)
22. Asia Pacific Smart HVAC Control Market, 2016–2025 (USD Billion)
23. Latin America Smart HVAC Control Market, 2016–2025 (USD Billion)
24. The Middle East and Africa Smart HVAC Control Market, 2016–2025 (USD Billion)

Table Of Tables

List of Tables

1. Global Smart HVAC Control Market snapshot
2. Drivers for Smart HVAC Control Market: Impact analysis
3. Restraints of Smart HVAC Control Market: Impact analysis
4. North America Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
5. North America Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
6. North America Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
7. The U.S. Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
8. The U.S. Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
9. The U.S. Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
10. Canada Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
11. Canada Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
12. Canada Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
13. Mexico Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
14. Mexico Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
15. Mexico Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
16. Europe Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
17. Europe Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
18. Europe Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
19. UK Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
20. UK Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
21. UK Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
22. France Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
23. France Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
24. France Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
25. Germany Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
26. Germany Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
27. Germany Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
28. Italy Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
29. Italy Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
30. Italy Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
31. Spain Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
32. Spain Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
33. Spain Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
34. Rest of Europe Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
35. Rest of Europe Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
36. Rest of Europe Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
37. Asia Pacific Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
38. Asia Pacific Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
39. Asia Pacific Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
40. China Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
41. China Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
42. China Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
43. Japan Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
44. Japan Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
45. Japan Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
46. India Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
47. India Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
48. India Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
49. Australia Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
50. Australia Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
51. Australia Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
52. South Korea Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
53. South Korea Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
54. South Korea Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
55. Rest of Asia Pacific Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
56. Rest of Asia Pacific Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
57. Rest of Asia Pacific Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
58. Latin America Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
59. Latin America Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
60. Latin America Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
61. Brazil Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
62. Brazil Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
63. Brazil Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
64. Argentina Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
65. Argentina Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
66. Argentina Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
67. Rest of Latin America Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
68. Rest of Latin America Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
69. Rest of Latin America Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
70. The Middle East and Africa Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
71. The Middle East and Africa Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
72. The Middle East and Africa Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
73. Saudi Arabia Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
74. Saudi Arabia Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
75. Saudi Arabia Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
76. UAE Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
77. UAE Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
78. UAE Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
79. South Africa Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
80. South Africa Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
81. South Africa Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)
82. Rest of MEA Smart HVAC Control Market Revenue, By Product, 2016–2025 (USD Billion)
83. Rest of MEA Smart HVAC Control Market Revenue, By Implementation, 2016–2025 (USD Billion)
84. Rest of MEA Smart HVAC Control Market Revenue, By Application, 2016–2025 (USD Billion)

Methodology

Free Analysis

The penetration rate of innovative smart devices for HVAC applications is rising worldwide. With constant technological enhancements, high flexibility, and mobility, the number of connected devices is significantly increasing. As a result, the demand for technically advanced smart HVAC control solutions is rapidly growing across the globe.

Air quality in and around a building's infrastructure is termed as Indoor Air Quality (IAQ). Comfort and health of a building's occupants rely on IAQ. Today's envelope building infrastructure has concentrated IAQ with air pollutants that can result in severe health diseases. The worldwide rising concerns for maintaining IAQ and evolving concerns toward health issues are fueling the smart HVAC control market globally. Smart HVAC controls effectively enhance the natural infiltration to prevent health problems. Moreover, the use of smart HVAC controls provides both qualitative and quantitative data that is required for demonstrating a procedure that maintains the overall IAQ of buildings. Smart HVAC controls attenuate Radon particle and prevent smoke entry at a reasonable cost. The global adoption rate of smart HVAC controls is significantly rising for reducing health problems due to airtight building infrastructure with inefficient ventilation systems.

Global Smart HVAC Control Market

Many developing economies are unaware of the smart HVAC controls’ importance and rely on traditional ventilation methods. Low awareness of enormous benefits offered by smart HVAC controls systems, such as reduced energy consumption and improvisation of IAQ (Indoor Air Quality) are prime factors restraining the smart HVAC control market globally. With the help of IoT integration, smart HVAC control devices can be easily controlled, monitored, and maintained virtually irrespective of the operator’s location. The integration of IoT technology with smart HVAC controls is anticipated to create new market growth opportunities over the forecast time period.

The global smart HVAC control market is segmented based on product, implementation, and application. The product segment is classified into smart thermostat and smart air vent. By implementation, the market is sectored into new constructions and retrofits. The application segment includes residential, commercial, and industrial. The commercial segment is classified into retail centers, office buildings, healthcare centers, education centers, hospitality, and others.

By region, the Asia Pacific smart HVAC control market will hold a prominent share in the future, due to the rising number of home automation and smart home projects. The European smart HVAC control market is likely to contribute notably globally in the years ahead, owing to the rising demand for energy-efficient HVAC solutions.